USFDA8 Mar 2025, 10:42 pm
Bodal Chemicals to Benefit from Anti-Dumping Duty on TCCA Imports in India
AI Summary
Bodal Chemicals Limited has informed the stock exchange about the imposition of an anti-dumping duty by the Ministry of Finance on imports of Trichloro Isocyanuric Acid (TCCA) in India. This duty will be effective for 5 years and is expected to add Rs.50 to Rs.60 crores per annum in total turnover for Bodal Chemicals Ltd starting from the financial year 2025-2026, thereby improving its bottom line. The company is the only producer of TCCA products in India.
Key Highlights
- Ministry of Finance imposes anti-dumping duty on TCCA imports in India
- Duty to be effective for 5 years from 7th March 2025
- Bodal Chemicals Ltd is the only producer of TCCA products in India
- Expected to add Rs.50 to Rs.60 crores per annum in total turnover
- Will improve the bottom line of the company